WFP is number one for financial transparency, according to an increasingly influential ranking of international organizations involved in aid and development work. Scoring high marks for the quality of its data, WFP came out top in the list of 381 organizations which take part in the International Aid Transparency Initiative (IATI).
All those involved publish their financial data according to specific standards, and make this information available through the IATI website. In the IATI ranking, which uses a new transparency indicator adopted in December, WFP was ahead of the Dutch Ministry of Foreign Affairs, UNICEF, the Swedish International Development Cooperation Agency and the World Bank. The indicator takes into account the promptness and detail of data provided, as well as considering how much it looks forward rather than just back in time. WFP joined IATI in 2012, over the past three years, it has continually improved the timing, quality and quantity of the financial data published.